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One Bullion Announces Share Consolidation

OBUL · Price
Executive Summary
- One Bullion Ltd. approved a 1‑for‑10 reverse split of its common shares, effective March 4, 2026 on the TSX Venture Exchange under ticker “OBUL”.
- SLD Capital Corp. will receive 200,000 new common shares pursuant to a July 8 2024 consulting agreement; the shares are subject to a statutory hold period of four months and one day and await TSXV approval.
- The Company granted 1,100,000 restricted share units (RSUs) to its officers and directors.
Key Details
- Consolidation Ratio: 1 new common share for every 10 existing shares.
- Effective Date: Trading of post‑consolidation shares begins March 4, 2026 on the TSX Venture Exchange (symbol “OBUL”).
- Shareholder Process: Holders must surrender existing certificates to Marrelli Trust Company in exchange for new certificates representing their post‑consolidation holdings.
- SLD Capital Corp. Allocation: 200,000 common shares to be issued under the July 8 2024 consulting agreement; subject to a statutory hold period expiring four months and one day after issuance and pending TSXV approval.
- Restricted Share Units: 1,100,000 RSUs granted to officers and directors (terms of vesting not disclosed).
Notable Quotes
(No executive quotes were included in the release.)
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